American Banker, November 14, 2023, First Citizens Unveils Revised SVB Community Plan Worth $6.5 Billion
National Community Reinvestment Coalition Chief Executive Officer Jesse Van Tol called the agreement a “huge relief” for the communities that stood to benefit from SVB’s earlier community benefits plan. NCRC is one of the organizations that signed the deal with First Citizens.
“This is how you show you’re serious about uplifting the most neglected communities in your service area,” Van Tol said in a statement.
